In an interview with The Associated Press on Wednesday, chief executive Christoph Mueller described Malaysia Airlines as a "ship that has many leaks”, but added that the monthly profit was a sign that things are on the right track saying revenue has improved and costs are down, underpinned by low jet fuel prices. Twin disasters in 2014 - including the vanishing of MH370 in March 2014 with 239 people on board and a second B777 carrying 298 people which was shot down over Ukraine a few months … [Read more...] about Malaysia Airlines turns first profit in years, on track to be in black by 2018
MASkargo
MASkargo, Silk Way West in cargo partnership
Malaysia Airlines Bhd's (MAB) cargo arm MASkargo and Azerbaijan's cargo carrier Silk Way West Airlines have signed a Memorandum of Cooperation that will see both airlines leveraging on each other's aircraft fleet and network in different regions of the world. The strategic partnership between the two air cargo players entails a Block Space Agreement (BSA) on a twice weekly route to and from Kuala Lumpur and Amsterdam via Baku Heydar Aliyev International Airport in Azerbaijan. The weekly … [Read more...] about MASkargo, Silk Way West in cargo partnership
MASkargo: Here to stay and staying with freighters
MASkargo will remain a maindeck player despite questions surrounding its future in light of Malaysia Airlines’ intensive restructuring across the whole group, according to its head of cargo. Speaking to Payload Asia on the sidelines of the recent Air Cargo India event, Ahmad Luqman Mohd Azmi, chief executive of MASkargo emphasised the once leading cargo carrier will remain active in the cargo market, although with a slightly leaner freighter fleet. This will see the cargo carrier – a … [Read more...] about MASkargo: Here to stay and staying with freighters
Malaysia Airlines Bhd to operate new A350-900s
The recently-relaunched Malaysian national carrier that was rebranded from Malaysia Airlines System (MAS) to Malaysia Airlines Berhard (MAB), has signed a contract with US-based Air Lease Corporation (ALC) for the long-term lease of four new A350-900s. The deal also includes options for two additional A350-900s and two A330-900neo aircraft. The new A350s will be delivered between the fourth quarter of 2017 and the second quarter of 2018. The new A350s will join Malaysia Airlines’ existing … [Read more...] about Malaysia Airlines Bhd to operate new A350-900s
MASkargo starts freighter service to Dhaka
MASkargo has commenced its twice weekly A330F freighter service to Dhaka, Bangladesh. This is part of its expansion initiatives in the South Asian market. MH6246 will be operating into Hazrat Shahjalal International Airport every Monday and Wednesday. In addition to the current belly hold capacity available on Malaysia Airlines passenger aircraft, the new freighter route will provide 120 tonnes capacity to Bangladesh’s thriving agricultural and manufacturing exporting industry. … [Read more...] about MASkargo starts freighter service to Dhaka
MASkargo adds Bangalore to its network
MASkargo has added Bangalore, India to its cargo network using the A330-200 freighter flight offering a capacity of 60 tonnes. MH6242 is scheduled to fly into Bengaluru International Airport from Kuala Lumpur every Friday. Ahmad Luqman Mohd Azmi, acting chief executive officer of MASkargo, said: “There is a huge potential for MASkargo to grow in India. We are meeting the market demand to connect Kuala Lumpur and Bangalore for the export of electronic spare parts and the import of … [Read more...] about MASkargo adds Bangalore to its network